• dactylotheca@suppo.fi
      link
      fedilink
      English
      arrow-up
      44
      ·
      edit-2
      5 months ago

      Like many other states, Massachusetts offers tax credits for film and television productions that film in the state. In particular, Massachusetts offers credits worth 25 percent of a production’s expenses and payroll tax liability incurred in the Bay State. If the credits exceed the production’s Massachusetts tax liability, they can claim 90 percent of the remainder as a refund.

      All in all the article was a bit of a hit piece against these tax credits in both MA and other states. Could be completely on point for all I know though, no clue if they’re representing the facts accurately or not

      • sunzu@kbin.run
        link
        fedilink
        arrow-up
        35
        arrow-down
        2
        ·
        5 months ago

        Reason is billionaire republican talking rag.

        They are targeting industries they don’t like here.

        For example, you will never see them cover tax credits and other transfers to Koch Industries and its subsidiaries get in place like Georgia.

        Or oil majors being funded by the taxpayers.

        With that being said, we should not be providing these clown ass transfers to “private enterprise”

        I shill this point regularly and most people appear to support these transfers around here as long as it is their “team” getting them.

        • KevonLooney@lemm.ee
          link
          fedilink
          arrow-up
          2
          arrow-down
          3
          ·
          5 months ago

          most people appear to support these transfers around here as long as it is their “team” getting them.

          I mean, that’s what politics is. You make a good point about “Reason” being a crappy source, but handouts to different industries are intended to help those industries. That’s the point.

          If you don’t like it: vote, volunteer, donate, etc.

          • sunzu@kbin.run
            link
            fedilink
            arrow-up
            10
            arrow-down
            3
            ·
            5 months ago

            Why is the taxpayer funding corporate entities owned by the rich?

            I thought we are a free market economic system where private capital drives economic growth?

            if are giving these people cash transfers, why is the state not taking equity position in these ventures?

            It gets real awkward when you start asking such questions as most people can’t reconcile propaganda with how the system actually functions.

            All of this while people are crying we can’t provide free lunch to school kids lol